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Descriptive statistics is a method to interpret and summarize the data We've got collected to make sure that the info variety any kind of sample which often can help us explain the information sample and so that we might get some information and facts from that facts.
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Variance: Variance is really a illustration of your number time period inside of a established of knowledge. The variance calculates the real difference with the necessarily mean For each ingredient in the gathering. The variance may perhaps help in assessing the chance that someone can look at when purchasing or buying an asset. It's also made use of To guage what impression single capabilities have on a dependent variable.
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